Gonzalo Villalta Puig holds the Chair in Public International Law at the University of Navarra. He previously held the established Chair in the Law of Economic Integration at The University of Hull, where he headed the School of Law and Politics. Until then, he was Professor of Law and Outstanding Fellow of the Faculty of Law at The Chinese University of Hong Kong, which he served as Associate Dean (Research). Eric C Ip is Associate Professor of Law at The University of Hong Kong, where he is the Director of the Government and Laws Programme and a Fellow of the Asian Institute of International Financial Law. He earlier taught at University College London and The Chinese University of Hong Kong, where he served as Assistant Dean (Undergraduate Studies) of the Faculty of Law.
'Governments and regulators often appear to me to forget that the volume and complexity of laws and regulations, or the level of tax, should not be such as to deter commercial activity and stifle entrepreneurism. ... As the authors of this book show, Hong Kong is not in danger of falling into this particular trap: the Region is unusual in the extent to which it leaves people in the financial and commercial worlds free to carry on their businesses as they see fit without extensive legislative or regulatory interference or excessive taxation.' The Right Honourable the Lord Neuberger of Abbotsbury, Hong Kong Court of Final Appeal 'The present volume makes an original and unique contribution to both the international and domestic understanding of the essence of the Hong Kong system that constitutes one of the Two Systems under One Country, Two Systems . The authors point out that from the legal and constitutional point of view, the Hong Kong system is one of free market constitutionalism .' Professor Albert HY Chen, the University of Hong Kong